[Analyst: Market May See 'Ex-SpaceX' Index ETFs, But Demand Expected to Be Limited] BlockBeats News, June 1 — Bloomberg senior ETF analyst Eric Balchunas stated that several market participants have suggested launching an S&P 500 Index ETF excluding SpaceX components (S&P 500 ex-SpaceX). However, he believes that even if such a product is introduced, market response may be limited. Balchunas pointed out that there are currently about 24 ETFs related to SpaceX in the market, but the actual demand for an 'ex-SpaceX' strategy might be overestimated. He noted that controversies surrounding SpaceX are primarily concentrated among a small group active on social media, rather than mainstream investors. Additionally, he mentioned that the market had previously launched an S&P 500 Index ETF excluding tech stocks, but it failed to gain widespread attention. If SpaceX completes an IPO in the future, the market may also see short or inverse SpaceX ETFs, allowing investors to hedge related risk exposures. Balchunas also cited Tesla as an example, noting that Tesla's stock price rose approximately 65% in its first year of listing. Similarly, SpaceX's future IPO could potentially bring positive returns for index investors. [Original Link]